LeoAds | The Virtuous Growth Cycle for LeoFinance
ICYMI, we released a post a few days ago announcing the new LeoAds mechanic that we've developed. This Mechanic takes LeoFinance.io's earned ad revenue (earned in BTC) and deploys it into a contract that buys LEO on one of the listed exchanges - depending on the cheapest arbitrage at that time - (wLEO, bLEO, pLEO, Native LEO), and then deposits it into a monthly rewards pool.
The rewards pool autonomously distributes that LEO as LEO POWER to all LEO POWER hodlers. The more LEO POWER you have staked, the more LEO POWER you earn.
The current figures equate to about 4-10% APY for staking LEO POWER just based on current ad revenue (roughly in the neighborhood of $4,000 per month).
This is pretty incredible, especially when you consider that much of LeoTeam and LeoCommunity's focus has been on DeFi over the past 12 months since the launch of CUB. With all that being said, the launch of CUB supercharged our community and the subsequent launch of POLYCUB last month did much the same.
Our web traffic has never been more powerful and more targeted. We have extremely high quality web traffic which is why our ad revenue performs so well.
We get a decent quantity of traffic but our ad partners pay us top dollar because of the quality of our traffic. We have a lot of ways we can ramp up the "$4,000" figure. Right now, that is with little attention being paid to optimize ad placements, increase engagement on LeoFinance.io and negotiate better deals with ad partners. We're going to do all of the above ... and we've already started.
We'll release some posts in the sooniverse about our discussions to bring on more ad partners and optimize placements.
Today's post, however, will focus on something that the LeoFinance Community can do to increase our monthly traffic, engagement and ad revenue which will ultimately increase the staking APY on LEO POWER (4-10% at current figures, when you combine it with normal curation rewards, you get about 20-30% APY).
Engagement Stats
@abh12345 puts out an awesome engagement leaderboard each week. Khal (@khaleelkazi) has already announced that he is aiming for the #1 slot this week on the engagement leaderboard. Anyone who outperforms him with quality comments will get 100 LEO from him to you.
These are the top engagers last week along with the criteria used to rank them:
Monthly Active Users
As we mentioned in this post, the #1 KPI for LeoFinance as a Web3 Ecosystem is Monthly Active Users. Our entire focus as a project and community is growing the MAU figures.
The following are two charts. The first shows the MAUs that posted only from the UI and the second shows MAUs that commented only.
There are 600 unique authors that posted on LeoFinance.io in the month of March while 300 unique accounts commented (and didn't make any top-level posts) in the month of March.
Tally these up to 900 Monthly Active Users on LeoFinance.io and LeoMobile. We have a lot of room to grow on the upside. This is pretty incredible to see and dive into, but we can do so much better.
The fact that 900 MAUs are generating $4,000 in monthly ad revenue is just an indicator of what we can accomplish by growing our core KPI. Generating outside traffic through evergreen content is going to be a huge addition to LeoAds revenue as well. We'll talk more on that below.
Commenting on LeoFinance
Commenting is the base layer of engagement. We have a large number of authors and we're creating a lot of great content already. We want our authors to create more and better content but we also want to onboard a whole new generation of users to LeoFinance.
In our opinion, the next generation of users on LeoFinance will include a subset of authors but will primarily be people who engage with content by reading, upvoting and leaving comments all over the platform.
There were 3,200 comments last week. We'll see how these numbers look this week. I believe they'll be significantly higher with the recent engagement league activities and competitions.
These are the authors who commented the most. Jfang led it with 437 comments last week while TM did 231. Again, I think these will look quite a lot different in the weeks to come.
LeoAds: How Does Commenting Make a Difference?
We want to build our community bigger and onboard the next generation of LeoFinance users but we also want to bolster the engagement of the existing community.
The core community we have is diamond paw stronk. It's amazing to see what we can accomplish with a tight-knit but relatively small community. We're all highly active but we can do a lot more.
There are many lurkers in this community and also many people who could spur engagement with a snap of their fingers. Looking at people like @onealfa who have the influence to drive massive levels of commenting and posting.
As a community, we all have a role to play. You'll recognize many of the faces around here like @onealfa who continually do things to spur engagement like his recent initiative to create content about CUB and POLYCUB. More community-led initiatives like these will spur engagement within our existing community while the external marketing that we're doing will bring new faces in who will see that engagement and get excited to join in and earn crypto by engaging as well.
LeoFinance Traffic
You can track the traffic on LeoFinance.io here. This allows you to see the overall traffic to the site over different timeframes. Here you'll see the past 30 days.
We had 72,000 unique visitors and 247k page views. This is great but I think we all know: we can do better.
Writing more evergreen content can do wonders for these traffic stats in the long-term. @finguru has announced on twitter that he's going to start writing content about how to make your LeoFinance posts more SEO-friendly and evergreen. As you can see in this screenshot, he's got a post that's driving in more traffic than any of the content currently on LeoFinance.io.
There's a lot that can be done to optimize content on LeoFinance and drive more organic traffic. Doing this in addition to all the other marketing and engagement initiatives that we're taking on can supercharge the LeoAds program and kickstart a virtuous cycle.
In Short
Tldr;
- Engage, Engage, Engage
- Write Evergreen Content
- Share LeoFinance Links on Social Media
- Watch Engagement, Traffic and LeoAds Number Go up
LeoFinance is a blockchain-based Web3 community that builds innovative applications on the Hive, BSC, ETH and Polygon blockchains. Our flagship application: LeoFinance.io allows users and creators to engage and share content on the blockchain while earning cryptocurrency rewards.
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This is definitely awesome to benefit from with more rewards set to be achieved having Leo stake is really a nice achievement am excited about this progress
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The introduction of the leoads is great one for the community. Have also increased my daily targets for comments. I believe we will be seeing much improved engagement this month especially with everyone looking to win those 100 Leo from khal :-)
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Take Khal's LEO. He doesnt need it.
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Hey what if I do need it!?
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Take some from Mitch. He needs to focus more on real estate and not get distracted by this crypto stuff.
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You know crypto stuff can he boring for him and real estate is very lucrative 😉
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It seems real estate was very good to him. That said, I am not sure it is the crypto that is boring to him. It might be the reverse at this time.
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🤣🤣🤣🤣🤣
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Haha... 🤣🤣🤣🤣
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Yeah. Will sure be grabbing it off his hands whether he likes it or not :-)
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Yeah. Dont let him bully you.
Take the damn LEO from him even if it is from his cold dead hands.
Wait on the last part though, we still have work for him to do.
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Come and get me. I'll be doing 500+ this week 🚀
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Thanks for the insight :-).
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Now double it, divide by 2, then triple it and take the square root.
Catch me if you can
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:-) never knew you could be a machine in the engagement side of things. Task and jfang must be sweating out with you in the race
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This just shows how early we are in the Leo verse, imagine what the space will look like with a 10X figure.
Lastly, unrelated to the post, but Wen Search button on Leofinance?
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If we get 9,000 MAUs it will likely send the ad revenue up a great deal more.
So we just need to keep pushing things out.
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Yeah it's pretty crazy to run the math. On 900 MAUs, we're achieving a huge number. With 9,000 I imagine it would be exponentially more than a 10x increase as there is traffic based on the content created by our MAUs.
An interesting stat to follow might be the ratio of MAUs vs. Monthly Traffic
In this post, we showed 900 MAUs while we had 72k Unique Visitors - that's 80 Unique Visitors per Monthly Active User
Posted Using LeoFinance Beta
A lot of different ways to break down the metrics once they start flowing in. The key is to start generating the traffic in different ways.
Hopefully the newsletter is starting to get us some decent rankings.
It all helps.
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We’re seeing a lot of new sign ups to the newsletter. I’m excited to see where the total sign ups land by the end of the year. Likely at 20k+ if I had to set a goal
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I wonder how many of those translate into actual users.
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That's some cool revenue coming in from LeoAds and I believe the numbers should go up in the coming weeks as we'd be getting more users and activities with the current developments on the blockchain.
Shout out to Jfang tho..damn, that's one commenting machine right there. I'd love to find myself on that list someday, hopefully my already set engagement goals would get me to that stage. Massive shout out to every member of the community for the hardwork so far.
We need to 10x it. This is vital. $40K a month in ad revenue will really make an impact and open up a lot of eyes.
Now that the community is focusing upon it, we can really push things along.
Updating old content seems key according to the likes of @hitmeasap
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$40k a month would be on the order of 40% APY for staking LEO as LEO POWER at these prices.. That does not include the normal LEO POWER Curation Rewards (which are typically somewhere around 20%)....
60% APY for staking and curating 🤯
The only way for LEO to go in that scenario is toward the damn moon
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Yes that is true. Of course, LEO will get very scarce, especially with people flooding into the different LPs. And the price running only makes the ROI on those LPs go up, which encourages more investing in it.
The question is can we get the traffic to that point to generate that type of monthly ad revenue. I think we can.
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40k is very possible now that we're focusing our attention on taking the numbers up. People love high numbers and that would pull in some crowd.
That's quite a no of engagement. With leoads now a thing, this week should experience much more increase no of comments. Time to increase the comments numbers from my side. Let's go
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We need to get that to 10,000.
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I think that we will break 5k this week.
People are motivated by the new ad scheme.
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Time to start breaking milestones.
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The 4 minute mile.
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How close can we get to 10,000? I think we can crush it
@leo.stats comes out every Monday so I think we may need to track it 1 week from tomorrow to get the full new week of engagement
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It would be great if we could line up the two posts on the same time scale @abh12345
Then it could become a lot more fun if there were incentives for the engagement league and make it a competitive sport.
People appreciate a little bit of competition and seeing the numbers in front of you makes it personal. Having the weekly stats side by side with the individual stats would be a great indicator of success.
I think with a little promotion and a few decent prizes for the engagement league we could see the numbers go up very fast and hit that 10 milestone.
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I kind of like getting the report twice a week albeit or different time periods. We can see how we stand on one with a few days left on the other.
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I think we’ll continue to do these weekly challenges like the one I’be put out. Maybe we’ll make it a bit more organized as well and add a leaderboard to the LeoFinance UI that updates in real-time at some point.
The gamification of engagement needs to be played on a large scale if we are to grow this platform into what we all know it can become.
Now is our time
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We hit it once or twice in the past. It was not something we did consistently.
Of course, we had 700 comment days in @leomarkettalk.
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That is probably true. Not sure it helps the ads directly but it will do wonders for the site in general.
At the same time people are doing the SEO campaigns which, also over time, can help a great deal.
Basically we need to raise the level of Leofinance.io in the rankings. It is going to take a lot of effort to get that done.
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Easy!
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72K Visitors in the last 30 days is quite awesome, is there a way we can know which top 10 blogs per day which drive the most traffic?
@hitmeasap is doing reports on that, i think weekly
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Yeah, that is true. I publish "The Keywords That Brings Most Organic Traffic To LeoFinance.io" once per week. The new one will be out in ~20 hours or so. :)
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i know i see them from time to time, was not sure is it weekly.
doing it every day would be over the top and probably not needed.
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Yeah, once per day would be way too much. I actually thought about doing them once per 14 days previously, but wanted them to show more of the overall progress so I kept doing them on a weekly basis.
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Weekly seems to be a good iteration. Not overbearing but also does give us the information needed.
I like to focus upon the growth of the keywords since they do tend to change slightly each week.
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Yeah, I figured it would be a good idea to have weekly reports. It gives some room for changes without being too much of them at once. Having them weekly shows the progress in a decent way.
Once per month would- or could show too big jumps in the results which I wouldn't feel really comfortable with, so I'll stick with weekly reports.
Posted Using LeoFinance Beta
Once per month and people forget. It is tough to find the sweet spot but 1 per week seems to do it.
We will have to promote it some more now there is interest.
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That's awesome...will surely check out.
Hopefully they'll come in handy for you in some ways. :)
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This is amazing. Well-done
They can definitely be used to get some inspiration for future posts. :)
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@codingdefined, do follow @hitmeasap to be updated on which blogs and keywords bring the most traffic to Leo Finance. 🚀🚀
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The reports can definitely come in handy when someone wants some inspiration and come up with content ideas. Using it properly and it can definitely help in terms of rankings as well, as you literally have a list of posts that brings in organic traffic. So linking back to them will push more organic traffic towards that content over time.
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Hopefully the keywords will keep growing.
The more that show up on the report, the better we can optimize it.
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Optimize early, optimize often
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NFT that.
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We've seen a shift of keywords since I first started with the reports. We've seen more being added and others dropping out, so we can defintiely use the reports to have a good understanding of which content that currently brings in the most organic traffic and which keywords that is being attractive.
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I was watching them grow. I think we are adding more than we are losing but I could be wrong. Will be interesting to see where it is in 6 months time if all this keeps up.
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Yeah, we are adding more than we are losing. We dropped like 100 keywords or something at one point, but we added another 200 other ones. :D
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I gotta start paying more attention to these. Hopefully @finguru's @leoseo can also take advantage of teaching people how to use your reports 🦁
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Not really sure what he has planned for @leoseo, but coming from him, I know there will be something good.
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Thanks, will check
Leo power is our power. By staking Leo we get more Leo power. Leo tokens are must hodl and staking. I see comments this week significant more. Leofinance has grown so much, now with the engagement too !
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With such a great strategy embedding ads revenue to the LEO tokenomics simply gives the users a market share of this great economy. That should be an incentive to create more content and engage all over this ecosystem, the 20-30% is the utmost from the entire Hive space!
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It really epitomizes Web 3.0 doesnt it?
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Cut LeoFinance and we bleed the ideals of Web 3.0. This place is about to get a whole lot bigger
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I like the idea of leveraging it all together. That is why the "chaotic" approach of going in many different direction was misunderstood in my opinion. Yes it looks like things are slow compared to a more focused approach. However, there comes a time when enough advances that they start to feed off each other.
Leofinance might be getting close to that.
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Great stream of revenue with the LeoAds. With everyone set to turn on their gears, engagement numbers should be at all high high this month. Also expect improve traffic to leofinance.
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That is what it will take. If we can get a couple hundred people focusing upon this, it will really change the entire platform.
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A few hundred people working collectively can move mountains. I'm excited to see this renewed focus around engagement
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Yeah it is exciting to see. We are starting to tap into sometihng.
Now to just keep building upon it.
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Great stats by Jfang, TaskMaster and Finguru. I believe these numbers prove that engagement in LeoFinance platform is the key point that we can increase the revenue + reputation of our beloved project.
Basically, to-do list is clear for users. Write authentic and SEO friendly posts, link useful sources and drive traffic from social media platforms. Even while I'm writing this comment, I see "Amechain" ads on the banner 😎
A-W-E-S-O-M-E
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Keep growing this place is my view of things. Get as much on the board as we can. An extra 2,000 comments a week is effectively 2,000 more "pages" the search engine sees.
Keep it growing.
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1000% this is a great way of looking at it @taskmaster4450. I'm going to focus on making my 1,000 comments this week to add that 🦁
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That would be impressive.
No team meetings with the developers?
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437 comments 😮? is he using a bot or something? That's an amazing feat for organic comments. I think I'll try to get into the top 25 this month 😂. LeoAds is a wonderful idea tho, really makes sense. Nice work guys 👍
Time to shoot for 1,000 in a week.
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It's about 60 comments a day or so. It's not that hard but you can do it if you try.
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Traffic is where every Internet model should drive. Not just for the ads but because an economy develops where ever people gather.
It's been happening all through out the history of mankind.
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An interesting way to actually drive traffic to the leofinance end. I think the Engagement aspect is already looking good, I guess there will be a lot of people posting through the end. Let's see how it goes
It is great to drive traffic but if they see a dead site, they will quickly leave. However, articles with dozens of comments is surely to garner some attention.
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Stake LEO -> Earn more LEO -> Promote LEO -> Earn more LEO
Onboards new users who:
Stake LEO - > Earn more LEO -> Promote LEO -> Earn more LEO by onboarding even more users who:
Stake LEO -> Earn more LEO ..., etc.
Sounds like a powerful growth loop to me.
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5 years in the loop and see your life-changing. 🦁💖
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I'll be right here mate!
!LUV
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@lordneroo(1/1) gave you LUV.
H-E tools | discord | community | <><
HiveBuzz.me NFT for Peace
Me too! #WAGMI.
!PIZZA
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^^ I mean nevah evah, evah.
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LEO LEO LEO.
Everywhere LEO.
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Let's give the world LEO!
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Sounds like a pyramid scheme to me. :D
I'll have no part if it once we get the first few waves of suckers to buy in, then i'm out.
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At current levels, there's plenty of room for growth. Of course there are only so many people we can reach out to and onboard, so ad revenue won't keep climbing up forever, but I think there is huge potential.
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That's true but with only 900 MAU's at the moment it wouldn't take a huge leap to 10x to 10000 users.
With a $5 token price you could see 100,000 in a few years and that is still barely tapping the surface of tribes if you see project blank launch some year in the future.
I'm still hoping that Khal bottles the layout for the tribe and mobile app so that we can all launch an upgraded tribe from leofinance rather than hive engine.
I would gladly pay $1000 for a ready to go v3 tribe that i can customize for sports, movies, cars ect...
You could even tie it more into the leo eco-system if you wanted to with payment in leo or have a lower charge to create one but take 10% of the ad revenue.
Imagine 50 websites that would draw in users, views and content to the hive eco-system but feed money back to the leo token. Now that could get interesting very fast.
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The fun thing is that with every new user, we get new value and new eyeballs which leads into more LeoAds revenue which again feeds back into new users.
It’s a self-fulfilling prophecy.
LeoFinance is a lot bigger than the tribe concept. We’re building a true Web3 ecosystem.
That being said, I could imagine a future where LeoFinance launchpads other communities and allows them to utilize our codebases for social apps, etc. in exchange for something like a LEO Protocol Owned Liquidity owning a large % stake in the entire underlying “tribe” token. Kind of like franchises of the whole and living underneath our second-layer that we will likely launch if no decentralized HE alternative pops up in the near sooniverse
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I had hoped to see H-E expand on their original idea of tribes and keep rolling out the updates to reach the level that you are bringing leo to currently.
Soon means a few years time but i still think that there is huge potential to build out proper tokenized communities and expand on that idea.
It would be cool to see leo take it on at some stage and use the website and mobile app code to branch out in multiple directions. Either for a share of the tokens supply or a share of the ad revenue.
I know that it is only small money compared to the defi sector but as part of a web3 eco-system it could tie in nicely.
Maybe the H-E team will still step up and get the concept moving again in the right direction. Who ever does do it right could make a big difference as it would be a great chance to onboard whole communities to the chain in the right way.
I'll watch this space.
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It's incredibly powerful. Like @finguru said: a few years of this and LeoFiance will have hundreds of thousands of monthly active users. With about 1,000 MAUs right now, we can only imagine what the Ad revenue and subsequent LEO price would look like
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Leveraging our network of creators and consumers for the benefit of the community is hands down our best play. Excited to be here, and can't wait to see what the future has in store for LeoFinance.
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100% the best play. We have a lot of value already here, it’s time to step up our game and take it into high gear
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Now, where does CUB fit into this growth loop...
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Where does it not fit into this growth loop?
LeoFinance is a Web3 ecosystem. Look at one aspect of it and you can easily exclude the others. Look at the whole picture and now you see the abundance of what’s being built
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are This Mechanic already working or in the soonevers?
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We live in the sooniverse.
It is our home.
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:)
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Introducing leo Ad is good because is going to help the community .
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Interesting times on LeoFinance! @jfang is a beast at commenting a habit I admire and appreciate about him, time to up my commenting game.
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@jfang003.
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Hahaha thanks Task for the correction 😅
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Don't worry, he was just making a short comment to cheat the competition 😜
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😀😀 Task is a smart one!
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Only cheating if it is outside the rules. Short comments are totally within the rules.
Of course, with @abh12345's model, word count is important. So short comments do not really help a great deal.
How many characters are you going to be able to bang out of your keyboard this week?
Posted Using LeoFinance Beta
Ahh yeah! I do like that about his model ;)
I’ve already typed enough to break one keyboard, I think the right metric will be how many keyboards I go through this week
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I am surprised you arent commenting on Leofinance Mobile.
That is something that could really help people to leave a lot of quick comments I would think. I prefer desktop so it isnt a concern to me but I know you do a lot on mobile.
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Yeah it’s much easier for me to do the comments when I’m at my desktop. I’ve been doing some replies from LeoMobile - as the dev version gives me notifications now when someone replies to me. I am on the go a lot between meetings
I think more can be done to create a commenting UI specifically that lets you see a dashboard of comments and replies. Someone made something for steem way back in the day, I forgot the name
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Yeah I know what you are referring to but I can think of it either.
That would be helpful, a commenting UI.
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100%. We can do a lot better. Thanks a ton for the mention guys. For those who are unaware, I have created an alt account @leoseo. Please follow if you guys want to learn how to dominate search engines with SEO & how to optimize your content. I will be announcing the project this week. Also, I am inviting all the LEO members who can help in this mission. Let's collaborate!
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I would suggest a ton of simple, ease to implement ideas. This will allow many people to do a lot of things that can help out.
@leoseo is a great idea.
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That's a wonderful suggestion Task. 🔥 As you mentioned, will try to provide a list of easy to implement, actionable tips that everyone (rookies & pros) can use.
I would be discussing this in detail on LMT. Would need your and others' help to make it a success.
Posted Using LeoFinance Beta
Love the idea of @leoseo! I'll definitely start directing people there and using it on my own content 🦁
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Thanks a ton for the support Khal. Let's lead from the front 🔥
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I could’ve been doing a lot more over the past 12 months to lead from the front. Major slacking on my part.
I will do better 🦁
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Haha, you're a ledge Khal :)
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Great Idea bro! Following it
I'm sorry I missed your SEO contest but I had a few unexpected stuff going on during the days i planned on writing my entry.
I'll still do it even if I missed the deadline to the contest because I think it's important for our initiative here
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PIZZA Holders sent $PIZZA tips in this post's comments:
finguru tipped lordneroo (x1)
@vimukthi(1/5) tipped @leofinance (x1)
Learn more at https://hive.pizza.
All viable components. This is becoming a true cooperative where anyone with any Leo Power has a financial stake in the success of Leofinance. For this reason, we ALL need to take the steps to ensure things are moving forward.
With numbers can come exponential results. It is not dependent upon a single person or group. A few hundred people focusing upon SEO, commenting, and building links can have enormous impact. That is something where having a solid community focused on growth can really have an effect.
And now there is financial incentive.
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This is 100% right and where the true power of LeoFinance shines. 1,000 core monthly active users is plenty to kick start the network effect cycle. Focused and targeted initiatives will have the largest impact on growing this place and therefore the ad revenue and virtuous feedback loop
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Honestly, 1,000 active core member, on a Web 3 platform like this with tokenization and incentivization would put it ahead of Seeking Alpha in no time.
The returns would simply be too great for people to stop talking about it.
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This is diversifying the factors that directly contribute to the price of LEO going up. On other front ends we are not seeing a direct causal relationship with increased traffic and higher demand for the Token behind the project.
!PIZZA
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It certainly is adding to it. We are seeing more value being fed into the token. In this instance, it is actually money doing it.
Hopefully that will stimulate the increase in growth. We need both to be taking place.
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What is the difference between publishing in ecency in the leofinance tribe or in leofinance.io? Because I have published on both and I see it the same on all platforms.
When using Leofinance.io, you get all of your Leo rewards. If you use another front end, I believe 20% is burned (I might be wrong on the percentage). But the point is there: using Leofinance on your posts will get you full pay.
It does not affect curation nor your Hive rewards.
Posted Using LeoFinance Beta
I think it also affects SEO results because I believe there is a field that mentions which front-end published it
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It's going be a win-win deal for all LeoFinance users as we step up engagement. Create contents, engage, draw traffic, help LP holders earn higher APY, they're motivated to vote more.
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Now the incentive model makes perfect sense. Anyone who buys and stakes LEO into LEO POWER has an incredibly large incentive to not only create and engage with content, but use their Upvote to encourage others to do the same. It's a virtuous cycle and it's all just getting kickstarted
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Thank you for spicing this engagement challenge. It makes a lot of sense. Helps me set some engagement targets for the next months.
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A bunch of those little things ads up to serious revenue in the end and what's really powerful I think is it's outside money coming into LEO this way thus increasing the core ground value of the token.
If there are not already plans for the following may I suggest these things.
More targeted and focused to promote an article with LEO (burn or given back to hodlers) A higher emphases on this could lead to people writing PR releases right here on LEO for exposure and much like we had a inactivate to promote PolyCUB articles on those other PR sites LEO could in fact act the same.
Mobile focused ads and desktop focused ads. How it looks on mobile over desktop makes a big difference.
Some way for PolyCub and CUB to generate value back to LEO through token or burning. From what I remember LEO was going to be the core focused token in which everything would relate and fall back on.
Better lead capture and initiate on all of that traffic being generated from the community. Could lead into major email campaigns. A list for future Defi projects and project blank etc.
Don't expect everyone to get their news from LEOFinance.io for updates. Socials and email are a important factor as well and a combination of it all is what builds a sizeable and growing community around the core platform.
Anyways just some things keep up the awesome work! Every small addition adds up.
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This reminds me of an idea a few people have given that we should have some sort of daily or weekly curation of promoted content using the @leo.voter account to incentivize people to promote more on LeoFinance. I just had a chat with some of the curators who help me with it and we're going to work on this starting today.
Anyone who promotes a post using https://leofinance.io will get the benefit of:
Great idea! I think there's also more that we can do to incentivize promotion.. i.e. promote with x amount of LEO and get featured in the LeoNewsletter as well, etc.
I 100% agree. We'll start integrating LeoMobile app in-line ads soon and need to ensure they're deployed the correct way.
IMO they do these in more indirect ways. As we've said a few times (and @taskmaster4450 would reiterate) burning is starting to feel more like a wasted opportunity. We could be using ad revenue to burn LEO but instead we're giving a higher incentive to stake. CUB and POLYCUB generate MASSIVE value for LEO in the long-run when LeoBridge is fully deployed.
LeoBridge is only possible because CUB and POLYCUB exist to seed liquidity on BSC and Polygon Network. Without those 2 DeFi extensions, LeoBridge wouldn't exist. We have yet to see a fully operational version of LeoBridge but I think when it is deployed in the soonvierse and working properly, the value will be apparent and huge.
I agree. I know Head of BizDev and TM4450 are cooking something up on the Newsletter front as we speak.
We're definitely focusing more on social media lately with Tik Tok and twitter. I agree with you completely and think a lot more can be done on that front.
Thank you for the feedback, we'll definitely start implementing these things 🦁
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Sounds awesome! Look forward to all the additions you all are crushing it and Team LEO is behind ya 100%! 💪
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We are? I guess I am awaiting my marching orders.
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I am really happy to see that Nigeria is in the number 2 of countries that makes up leofinance traffic.
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This is one of the coolest things about LeoFinance to me. I love seeing all the new faces and seeing our international presence. The internet connected us all over the past decade but Web3 is making us family across borders
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Right now I really feel excited with what is happening in the leofinance community.i feel like everything is going well as planned.i am very sure that soon Leo will be every where in the world.good job to the leofinance team
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Soon is Khal's favorite word.
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Wauuu that's really nice to hear.
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Making the platform more engaging than ever with regards to authors, commenting and curations, for me is the best development I've seen amongst all the decentralized social platforms I know, and I must say Leofinance has done a fantastic job.
The aspects of generating income from ads is great and kudos to the high traffic on the platform, I just hope the ads are moderated accordingly, so it does flood the platform excessively. Great jobs guys👍🏽
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This definitely encourages more people to get involved and engage. The growth of the ecosystem means our own too. Together we can do a lot. Would definitely make time for this and learn along the way.
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Together we are stronk 🦁
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Most definitely💪
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This is truly amazing, so many worthwhile developments currently underway with HBD savings, pHBD, LeoAds.
Well done, people who aren't here now are missing out!
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They are absolutely missing out. Now it’s our job to spread the word about these opportunities and build the community even bigger 🦁
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100%, This will be an interesting year one that I think we will continue to see Leo grow from strength to strength. Well done mate!
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Let's do this!
I think the best I got on that list was number 2 but I'll try to give you a run for your LEO ;)
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I think I saw Khal mention 500 comments...so he wants to give us a run for our money.
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“A run for your LEO”
Love that, I may have to steal it.
Lol yeah I will do a lot this week. It’s time for me to step up and lead engagement from the front
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I am interested in seeing how the engagement charts change in the following weeks. I guess I may need to step up my game to keep up with you.
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I just saw that Sunday had 1,000 comments which is about 3x as many as a normal Sunday.
It’s gonna look crazy in next week’s stats
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Wow, that is pretty amazing. I am guessing task probably made up for 200 of those comments and I made up for around 100. So everyone else is picking up the slack.
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Haha we are sending it to the moon
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I think this is all great and I would like to think about some temporary delegations from admin/whales to active members for the purpose of curating that "new generation" of lions. I'm talking about 1 week to 1 month delegations as a different type of reward for engagement. Yes the person would get a boost in their rewards for that time period but the main goal is too help distribute rewards to new members who are trying to find their voice or simply engaging. Our whales can't do it all. I'm not saying a deserve a delegation but I think there are people out there who could do good things with it. Just an idea.
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This is a really good idea. I think there are a few ways to go about doing this including tracking the curation activities with automation and flipping delegations around automatically to the most active commenters / upvoters who are spreading stake around in a positive way. I’ll look into it 🦁
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Glad you like it. Even just starting with a few delegations to known hard workers would be easy enough before figuring out a whole tracking system.
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I can't believe I'm still on that list. I used to be a pro in commenting. I guess it's time to resurrect. I like what @khaleelkazi is doing by being more active especially as the man of LeoFinance. I haven't followed the stats for a few months, but it's Monday and am determined to rock it. Time to put my fingers to work once again. I see that you mentioned @onealfa and his fingers. This man has put a significant shoulder to my income one year ago when I was more active and it's amazing how community members who only know each other from behind a screen are able to change each others lives. I love LeoFinance. I joined it in October 2020.and haven't left ever since.
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Thanks Aces! Yeah it’s an amazing place to be around here with so many cool people. We have a lot of work to do to improve it and grow it but what we already have is 1,000 true fans and that is an incredibly powerful base layer. Time to kick it into the next gear
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I think Khal will not aim for number 1. If he got #1 what is the point of making a contest. Ads are still an income source. But I did not see ads in leofinance.io.
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Make sure you turn ad blocker or brave shields off for LeoFinance.io if you want to view ads and support the LEO token economy
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I try to engage as much as possible. I think it is the best way to keep the community active, although I was done last week and could not do much. I also think retweeting and liking shared links can help with exposure. Also, the leofinance TikTok account could benefit from the comments and likes. I still feel TikTok has the biggest chance to blow our community and more people need to get engaged (plus it is fun watching khal)
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Talking about KPI, what do you think about a future collaboration with UMA? They got these tokens https://medium.com/uma-project/introducing-milestone-kpi-options-2a8ea4cf480e and you can make your own ones, paying for example more or less Leo directly related to diferent levels of achievements.
I was reading this quote and made me wonder:
"UMA introduced KPI options as a mechanism for projects and communities to align incentives. They would expire at a specified date. On that date, the options are redeemable for the underlying rewards based on a payout function set at the beginning of the period."
I can get you in touch with their CEO or other members of their team that I know, great for extra exposure. Just tell me if you are interested @khaleelkazi. I wouldn't mind for my Leo to pay even more. wink* wink*
Posted using 1UP - Play2Earn & NFTs
Posted using 1UP - Play2Earn & NFTs